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$100 million, probably not. But that begs the questions: Is that the real number and would it stay there? The AMT was put together to hit the top ~150 people i
by caseysoftware 7y ago
$100 million, probably not. But that begs the questions: Is that the real number and would it stay there?
The AMT was put together to hit the top ~150 people in the 1960s. Because of how the underlying system changed and it hasn't, the AMT now regularly hits people under $100k and is only likely to drift lower.
Congress has a bad track record here.